The North Memphis housing market is somewhat competitive. The median sale price of a home in North Memphis was $102K last month, down 38.2% since last year. The median sale price per square foot in North Memphis is $87, down 17.9% since last year.
What is the housing market like in North Memphis today?
In January 2025, North Memphis home prices were down 38.2% compared to last year, selling for a median price of $102K. On average, homes in North Memphis sell after 24 days on the market compared to 50 days last year. There were 111 homes sold in January this year, up from 71 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$102,000
-38.2% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
North Memphis, TN
$102,000
-38.2%
United States
To compare other locations to the North Memphis and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Memphis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the North Memphis housing market?
North Memphis is somewhat competitive. Homes sell in 35 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Memphis housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Memphis.
Flood Factor - Minor
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Memphis has a minor risk of flooding. 1,539 properties in North Memphis are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in North Memphis. Flood risk is increasing slower than the national average.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
North Memphis has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Memphis is most at risk from hurricanes. 18,501 properties in North Memphis have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.